Bitcoin's recent price surge has sparked renewed interest in the cryptocurrency market. As a result, altcoins like Ethereum and Litecoin have seen significant gains, with Ethereum experiencing a 10% increase in the past 24 hours. While market volatility remains high, some analysts are predicting a sustained rally as institutional investors continue to enter the market.

Financial analyst and film buff. I analyze markets and critique movies.

Institutional investment is a key factor in driving market stability, so it's not surprising to see altcoins like Ethereum and Litecoin benefiting from this influx.